Insider Trading Activity BlackLine, Inc. (NASDAQ:BL) – Major Shareholder Sold 2,000,000 shares of Stock

ME Staff

7 years ago

Insider Trading Activity For BlackLine, Inc. (NASDAQ:BL)

Iconiq Strategic Partners, L.P , Major Shareholder of BlackLine, Inc. (NASDAQ:BL) reportedly Sold 2,000,000 shares of the company’s stock at an average price of 40.75 for a total transaction amount of $81,500,000.00 SEC Form

Insider Trading History For BlackLine, Inc. (NASDAQ:BL)

On 11/2/2016 Iconiq Strategic Partners, L.P, Major Shareholder, bought 825,000 with an average share price of $17.00 per share and the total transaction amounting to $14,025,000.00.

On 5/22/2017 Mario Spanicciati, Insider, sold 25,000 with an average share price of $32.43 per share and the total transaction amounting to $810,750.00.

On 5/30/2017 Mario Spanicciati, Insider, sold 25,000 with an average share price of $33.98 per share and the total transaction amounting to $849,500.00.

On 6/2/2017 Mario Spanicciati, Insider, sold 5,000 with an average share price of $35.20 per share and the total transaction amounting to $176,000.00.

On 6/5/2017 Mario Spanicciati, Insider, sold 25,000 with an average share price of $34.65 per share and the total transaction amounting to $866,250.00.

On 6/12/2017 Mario Spanicciati, Insider, sold 25,000 with an average share price of $32.94 per share and the total transaction amounting to $823,500.00.

On 6/16/2017 Mario Spanicciati, Insider, sold 5,000 with an average share price of $35.34 per share and the total transaction amounting to $176,700.00.

Analyst Ratings History For BlackLine, Inc. (NASDAQ:BL)

On 11/22/2016 Goldman Sachs Initiated Coverage of rating Neutral
On 11/22/2016 Raymond James Financial Initiated Coverage of rating Outperform with a price target of $31.00
On 11/30/2016 Pacific Crest Reiterated Rating Overweight with a price target of $31.00
On 5/8/2017 William Blair Reiterated Rating Outperform
On 11/16/2017 JMP Securities Upgraded rating Market Perform to Outperform
On 1/25/2018 JPMorgan Chase & Co. Downgraded rating Neutral to Underweight with a price target of $27.00
On 2/16/2018 Robert W. Baird Reiterated Rating Buy

Recent Trading Activity for BlackLine, Inc. (NASDAQ:BL)
Shares of BlackLine, Inc. closed the previous trading session at 38.11 down -2.29 5.67% with 38.029998779296875 shares trading hands.